Fast-rising fintech Bankingly closes $11m investment round

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Promoted | Fast-rising fintech Bankingly closes $11m investment round

positions itself as a strategic partner of financial institutions for their digital transformation, focusing on the development of customer-facing applications and digital channels.

The company specifically looks to partner with cooperatives, microfinance institutions, and small and medium banks from emerging markets, which have gained momentum in terms of financial inclusion from the technological wave of the post-pandemic world. A second pillar of its strategy for this year will be the expansion of its own offer and the start-up of a marketplace for commercial partner products that enhance the value of the existing SaaS platform that currently has more than 3.5 million users under contract, a number which is also growing rapidly.We created Bankingly with the vision of offering reliable and robust digital transformation tools at an affordable cost and a variable payment model that matches the institutional investment.

Today we have great innovative products included in our services such as Digital Onboarding of clients, products and cards, Digital Origination of Loans, a Fraud Monitoring solution that fortifies potential gateways into the digital world and a multi-channel transactional Chatbot that includes WhatsApp.

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